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Prime Bank (DHA:PRIMEBANK) PEG Ratio : 1.23 (As of May. 01, 2024)


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What is Prime Bank PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Prime Bank's PE Ratio without NRI is 5.39. Prime Bank's 5-Year Book Value growth rate is 4.40%. Therefore, Prime Bank's PEG Ratio for today is 1.23.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Prime Bank's PEG Ratio or its related term are showing as below:

DHA:PRIMEBANK' s PEG Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.16   Max: 6.76
Current: 1.21


During the past 10 years, Prime Bank's highest PEG Ratio was 6.76. The lowest was 1.21. And the median was 2.16.


DHA:PRIMEBANK's PEG Ratio is ranked better than
56.32% of 1131 companies
in the Banks industry
Industry Median: 1.42 vs DHA:PRIMEBANK: 1.21

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Prime Bank PEG Ratio Historical Data

The historical data trend for Prime Bank's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prime Bank PEG Ratio Chart

Prime Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 6.87 4.77 2.11 1.25

Prime Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.25 - - -

Competitive Comparison of Prime Bank's PEG Ratio

For the Banks - Regional subindustry, Prime Bank's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Prime Bank's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prime Bank's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Prime Bank's PEG Ratio falls into.



Prime Bank PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Prime Bank's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=5.3908355795148/4.40
=1.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Prime Bank  (DHA:PRIMEBANK) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Prime Bank PEG Ratio Related Terms

Thank you for viewing the detailed overview of Prime Bank's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Prime Bank (DHA:PRIMEBANK) Business Description

Traded in Other Exchanges
N/A
Address
119-120 Adamjee Court, Annex Building-2, Motijheel C/A, Dhaka, BGD, 1000
Prime Bank PLC Formerly Prime Bank Ltd is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.

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